Fairfax Financial (TSE:FFH) Price Target Raised to C$2,500.00 at Scotiabank

Fairfax Financial (TSE:FFH) had its price target boosted by Scotiabank from C$2,400.00 to C$2,500.00 in a report published on Thursday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

FFH has been the topic of several other research reports. CIBC boosted their price objective on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 in a research note on Monday, March 10th. Raymond James set a C$2,600.00 price target on Fairfax Financial and gave the stock an “outperform” rating in a research report on Friday, April 11th. Finally, Cormark raised their price objective on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$2,239.29.

Fairfax Financial Trading Down 0.3 %

Shares of Fairfax Financial stock opened at C$2,089.98 on Thursday. The business has a fifty day simple moving average of C$2,022.75 and a two-hundred day simple moving average of C$1,954.87. The firm has a market capitalization of C$33.52 billion, a P/E ratio of 8.00, a P/E/G ratio of 0.27 and a beta of 0.83. Fairfax Financial has a 12 month low of C$1,425.00 and a 12 month high of C$2,153.96.

Insider Transactions at Fairfax Financial

In other Fairfax Financial news, Director Brian David Young sold 3,337 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$1,934.05, for a total value of C$6,453,923.52. Also, insider Andrew Barnard sold 2,305 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of C$2,056.06, for a total transaction of C$4,739,220.14. Over the last 90 days, insiders have sold 6,642 shares of company stock worth $13,178,144. Corporate insiders own 3.76% of the company’s stock.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.